Daily market review for 16.12.2016

EUR/USD trades positively, pair stay at the level 1.04. GBP/USD trades positively and decreased to the level 1.24. AUD/USD trades in a narrow corridor and decreased to the level 0.73. Currency pair USD/JPY increased to the level 118 and trades in a narrow corridor. Pair USD/CHF trades in a narrow corridor and stay at the level 1.02. Gold trades positively, but asset's price decreased to the level 1132.

Market news

For Europe, pay attention to news blocks at 13:30 and 21:30 GMT. For US pay attention to two news block at 10:00 GMT. For Britain, pay attention to CBI Industrial Trends Orders (Dec) at 11:00 and to CFTC GBP speculative net positions at 20:30 GMT. Switzerland there will be no importnant nees today. For Australia, pay attention to CFTC AUD speculative net positions at 20:30 GMT.

Our recommendations

EUR/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1.0443. The important level that prevents the fall is located at 1.0405. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1.2430. The important level that prevents the fall is located at 1.2382. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades in a narrow corridor. The important level that prevents the rise is located at 0.7368. The important level that prevents the fall is located at 0.7348. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/JPY trades in a narrow corridor. Important level that prevents the rise is located at 118.38. The important level that prevents the fall is located at 117.95. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades in a narrow corridor. The important level that prevents the rise is located at 1.0305. The important level that prevents the fall is located at 1.0275. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1132. The important level that prevents the fall is located at 1126. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions.